DSG international (DSGi) - the high street electricals outfit behind the likes of Dixons, Currys and PC World - is continuing to splash cash on its ambitious European expansion plans.

The firm has blown €49m (£33m) on Markantalo, an electrical retailer with 26 stores in Finland. Bolted on to DSGi's existing Finnish operations - Gigantti - DSGi reckons that completion of the deal in March will make it the "market leader" in Finland.

DSGi has stores in 14 countries including the UK, Ireland, France, Spain, Italy and Hungary. In October it announced plans to open two Electro World stores in Poland in time for Christmas.

Last summer the retailer that used to be known as Dixons changed its name to DSGi as part of a corporate makeover to reflect its international nature. ®

Related stories

DSGi to flog The Link to O2 (21 June 2006)
DSG could offload The Link - report (19 June 2006)
World Cup gives hope to DSG (10 May 2006)
DSG snaps up Euro photo etailer (13 April 2006)
Mastercare to be folded into DSGi (5 April 2006)
PC World Business wins Catalist status (9 March 2006)
DSG dreams of 'digital Christmas' (18 January 2006)
Northgate, Dixons rocked by oil depot blast (12 December 2005)
DSG gets Seasonal blues (23 November 2005)
DSG speeds up Euro expansion (19 October 2005)
Dixons plays down The Link sale speculation (8 September 2005)
Dixons downbeat as UK sales dip (7 September 2005)
Dixons buys Equanet (30 August 2005)
Dixons preps corporate makeover (22 June 2005)